Category Archives: Industries

Forex, infrastructural constraints worsen Nigeria LPG market woes

Forex, infrastructural constraints worsen Nigeria LPG market woes

The continuous rise in the price of Liquefied Petroleum Gas (LPG), otherwise called cooking gas in Nigeria, may continue for a while if challenges relating

Lafarge Africa spends N661.63m on CSR in Nigeria

Lafarge Africa spends N661.63m on CSR in Nigeria

Lafarge Africa Plc said on Wednesday that the company spent N661.63 million on corporate social responsibility (CSR) initiatives across Nigeria in 2017. Mrs Temitope Oguntokun,

Newly appointed Finance Minister Zainab Ahmed assumes duty

Newly appointed Finance Minister Zainab Ahmed assumes duty

Mrs Zainab Ahmed former Minister of State for Budget and National Planning now acting Minister of Finance. Newly appointed Acting Minister of Finance Mrs Zainab

Political uncertainties depress indices further by N46 billion

Political uncertainties depress indices further by N46 billion

Uncertainties surrounding the upcoming 2019 elections have continued to depress transactions on the equity sector of the Nigerian Stock Exchange (NSE), as market capitalisation plunged

We hope to expand international trade to create more jobs in Nigeria says Jamie Pearson

We hope to expand international trade to create more jobs in Nigeria says Jamie Pearson

Jamie Pearson is the Marketing and Operations Manager of Afrocet Montgomery, an events management company renowned for staging innovative and world-class exhibition events in West

PenCom releases N86.7bn to over 275,000 sacked workers

PenCom releases N86.7bn to over 275,000 sacked workers

The National Pension Commission (PenCom) said it had released N86.7 billion to sacked workers of various companies who had been into Contributory Pension Scheme (CPS).

Tincan Island Port generates N162b in 6 months

Tincan Island Port generates N162b in 6 months

The Tincan Island Command of the Nigeria Customs Service generated a total of N162,701,701,136.83. This is against the sum of N130,006,136,996.36 generated in the corresponding

Resetting power port-privatisation market

Resetting power port-privatisation market

As the five-year Performance Agreement, which the 11 electricity distribution companies (DisCos), elapses in November, experts have called on the Federal Government to reset the

FOCAC Beijing summit, a new milestone in China-Africa relations

FOCAC Beijing summit, a new milestone in China-Africa relations

The Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) were held in Beijing, China from 3 to 4 September, 2018. Chinese President Xi Jinping,

PenCom recovers N14.76b outstanding contributions, penalties

national-pension-commission

The acting Director General of the National Pension Commission (PenCom), Mrs Aisha Dahiru-Umar, says its appointed recovery agent recovered N14.76 billion outstanding pension contributions and

N4.7bn fraud: EFCC closes case against Ladoja, Akanbi

rasheed-ladoja

The Economic and Financial Crimes Commission (EFCC) on Tuesday closed its case against a former Governor of Oyo State, Rasheed Ladoja, charged with N4.7billion fraud

Federal government provides technical assistance to 2,000 youths

Federal government provides technical assistance to 2,000 youths

Mr Okechukwu Enelamah, the Minister of Industry, Trade and Investment says the Federal Government Enterprise and Empowerment Programme (GEEP) has provided technical assistance to 2,000

South Sudan to pay Sudan $1.2bn oil debt

south-sudan-to-pay-sudan

South Sudan will pay its outstanding oil debt of 1.2 billion dollars to neighbouring Sudan as oil output increases with reopening of more oilfields, the

FrieslandCampina to stake €23m in local milk production

FrieslandCampina to stake €23m in local milk production

Royal FrieslandCampina has announced plans to invest €23 million in local milk production, as part of its Dairy Development Programme (DDP) in Nigeria, the company’s